Goldman Sachs Lowers EQT Price Target to $65

Analysts cite market conditions in reducing their outlook for the natural gas producer's stock.

Apr. 16, 2026 at 8:54am

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An extreme close-up of rugged, industrial natural gas extraction equipment, conveying the physical scale and power of the energy industry through its heavy, textured metal components and dramatic lighting.The intricate machinery and infrastructure behind natural gas production reflects the capital-intensive nature of the energy industry.Today in Pittsburgh

Investment bank The Goldman Sachs Group has lowered its price target for EQT Corporation (NYSE: EQT) from $68 to $65 per share, while maintaining a 'buy' rating on the natural gas exploration and production company's stock. The revised target comes amid a research note published on Wednesday morning.

Why it matters

EQT is one of the largest natural gas producers in the United States, focused on the Appalachian Basin. The company's stock performance and analyst outlooks are closely watched as indicators of the broader natural gas market conditions and investor sentiment.

The details

In their research note, Goldman Sachs analysts cited ongoing market factors in reducing their price target for EQT. The firm currently has a 'buy' rating on the stock. Other analysts have also recently weighed in, with Royal Bank of Canada, Morgan Stanley, and Wells Fargo all increasing their price targets for EQT in recent months.

  • The Goldman Sachs research note was published on Wednesday, April 16, 2026.
  • EQT is scheduled to pay a quarterly dividend of $0.165 per share on June 1, 2026 to shareholders of record as of May 6, 2026.

The players

The Goldman Sachs Group

A multinational investment bank and financial services company headquartered in New York City.

EQT Corporation

A U.S.-based energy company focused on the exploration, development and production of natural gas, headquartered in Pittsburgh, Pennsylvania.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The revised price target from Goldman Sachs reflects the ongoing volatility and uncertainty in the natural gas market, as producers like EQT navigate shifting supply and demand dynamics. Investors will be closely watching EQT's performance and analyst outlooks as a barometer for the broader industry.